RBS Instant Access Savings Account
Compare the RBS Instant Access Savings Account with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare RBS Instant Access Savings Account details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Royal Bank of Scotland www.rbs.co.uk | ||
| Product: | Instant Access Savings Account | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Instant Access | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 0.20% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age to open this account is 16. | ||
| Area Restrictions: | There are no area restrictions | ||
| Minimum Investment: | The minimum investment is £50. If a standing order is set up then it is £20. | ||
| Maximum Investment: | The maximum investment is £1000000. | ||
| Minimum Balance: | The minimum balance is £1. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | Monthly sweep - if the customer has a Royal Bank of Scotland current account they can arrange for any left over money to be automatically transferred to their savings account on their chosen day each month. Royalties and Royalties Gold customers can earn 0.25% gross interest bonus. | ||
| Rates | |||
| Tax Free: | The interest payable is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £50 0.20% 0.20% 0.20% | ||
| Interest Payment Freq: | Interest is paid annually. | ||
| Managing Account | |||
| Instant: | The account is a instant access account. | ||
| Passbook: | A passbook is not provided when this account is opened. | ||
| Transactions at Branch: | Transactions can be made at a branch. | ||
| Statement Frequency: | Statements are issued quarterly. | ||
| Transactions by Phone: | Transactions can be made by telephone. Lines are open 24 hours a day, 7 days a week Calls are charged at a local call rate | ||
| Transactions by Internet: | Transactions can be made via the internet. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | There are no withdrawal conditions. | ||
| Withdrawal Conditions: | Withdrawal Conditions - None. | ||
| Fees & Charges | |||
| Penalty on all Wdls: | There is not a penalty on all withdrawals. | ||
| Compare | |||
| Products: | www.rbs.co.uk Savings | ||
